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Electronic Skin Market

Global Electronic Skin Market Share, Size, Growth, Forecast: By Product: Electronic Skin Suits, Electronic Patches; By Component: Stretchable Circuits, Photovoltaic Systems, Stretchable Conductors, Electroactive Polymers; By Sensors: Tactile Sensors, Chemical Sensors, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032

Global Electronic Skin Market Outlook

The global electronic skin market size reached a value of approximately USD 9.17 billion in 2023. The market is further expected to grow at a CAGR of 19.50% between 2024 and 2032, reaching a value of USD 45.69 billion by 2032

 

Key Trends in the Market

Electronic skin refers to self-healing, stretchable, and flexible electronics that mimic the functioning of animal or human skin. These materials have sensing abilities and are able to reproduce the capabilities of human skin and respond to environmental factors such as pressure and heat.

 

Global Electronic Skin Market

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  • The key electronic skin market trends include technological advancements such as development of materials with advanced stretchability and flexibility. Development of remarkably thin encapsulation layers and substrates allow the electronic skin to conform to the surface layer of the body of the user.
  • Integration of electronic skin with sensors is another crucial trend propelling the growth of the market. The sensors aid in detection of external stimuli such as temperature, pressure, and humidity, and allow real-time collection of data, enhancing the applications of electronic skin.

 

Global Electronic Skin Market Analysis

On the basis of product, the market is bifurcated into electronic skin suits and electronic patches. Based on component, the market is divided into stretchable circuits, photovoltaic systems, stretchable conductors, and electroactive polymers. On the basis of sensors, the electronic skin market segmentation is tactile sensors, chemical sensors, and electrophysiological sensors, among others. Based on application, the market is segregated into health monitoring systems and drug delivery systems, among others. On the basis of region, the market is categorised into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Electronic Skin Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global electronic skin global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • Xsensio
  • Xenoma Inc.
  • VivaLNK, Inc.
  • Holst Centre
  • Quad Industries
  • GENTAG, Inc.
  • iRhythm Technologies, Inc.
  • Others

 

Global Electronic Skin Market Share by Product

Electronic patches are anticipated to account for a major share of the market for electronic skin by product, over the forecast period. This is due to the wide range of applications supported by them, including drug and cometic delivery, temperature sensing, motion and position sensing, smart wound care, vital signs monitoring, and new-born monitoring, among others. Additionally, the reliability and convenience offered by electronic skin patches aid in remote monitoring of outpatient and inpatient cases, increasing their demand further.

 

Global Electronic Skin Market

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Global Electronic Skin Market Share by Region

The North America region is projected to witness significant growth in the market for electronic skin in the upcoming years. This growth can be attributed to the presence of various key players in the region along with increasing research and development activities in the healthcare industry and by research institutions. Furthermore, increasing investments to enhance the functionality of electronic skin, adoption of emerging technologies, and growing emphasis on innovation are propelling the electronic skin market growth in North America.

 

Competitive Landscape

Xsensio is a digital health company that was founded in 2014 and is headquartered in Vaud, Switzerland. This company is known for designing next generation variables and specialise in preventive health, nanotechnology, and digital health.

 

VivaLNK, Inc. was established in 2014 and is based in California in the United States. It is a biometric data platform with data analytics and advanced medical wearables that is accelerating the implementation of remote patient monitoring.

 

Holst Centre was founded in 2005 and is headquartered in Eindhoven in the Netherlands. This company is known for specialising in wireless sensor technology, wearable health solutions, flexible electronics, and intuitive Internet of Things solutions, among others.

 

Other market players include Xenoma Inc., Quad Industries, GENTAG, Inc., and iRhythm Technologies, Inc., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Component
  • Sensors
  • Application
  • Region
Breakup by Product
  • Electronic Skin Suits
  • Electronic Patches
Breakup by Component
  • Stretchable Circuits
  • Photovoltaic Systems
  • Stretchable Conductors
  • Electroactive Polymers
Breakup by Sensors
  • Tactile Sensors
  • Chemical Sensors
  • Electrophysiological Sensors
  • Others
Breakup by Application
  • Health Monitoring Systems
  • Drug Delivery Systems
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Xsensio
  • Xenoma Inc.
  • VivaLNK, Inc.
  • Holst Centre
  • Quad Industries
  • GENTAG, Inc.
  • iRhythm Technologies, Inc.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Electronic Skin Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Electronic Skin Historical Market (2018-2023)
    8.3    Global Electronic Skin Market Forecast (2024-2032)
    8.4    Global Electronic Skin Market by Product
        8.4.1    Electronic Skin Suits
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Electronic Patches
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Electronic Skin Market by Component
        8.5.1    Stretchable Circuits
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Photovoltaic Systems
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Stretchable Conductors
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Electroactive Polymers
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Electronic Skin Market by Sensors
        8.6.1    Tactile Sensors
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Chemical Sensors
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Electrophysiological Sensors
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Global Electronic Skin Market by Application
        8.7.1    Health Monitoring Systems
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Drug Delivery Systems
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Others
    8.8    Global Electronic Skin Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Electronic Skin Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Electronic Skin Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Spain
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
    10.6    Russia
        10.6.1    Historical Trend (2018-2023)
        10.6.2    Forecast Trend (2024-2032)
    10.7    Others
11    Asia Pacific Electronic Skin Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    South Korea
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Indonesia
        11.6.1    Historical Trend (2018-2023)
        11.6.2    Forecast Trend (2024-2032)
    11.7    Others
12    Latin America Electronic Skin Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Electronic Skin Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Xsensio
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Xenoma Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    VivaLNK, Inc.
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Holst Centre
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Quad Industries
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    GENTAG, Inc. 
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    iRhythm Technologies, Inc.
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Electronic Skin Market: Key Industry Highlights, 2018 and 2032
2.    Global Electronic Skin Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Electronic Skin Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Electronic Skin Historical Market: Breakup by Component (USD Million), 2018-2023
5.    Global Electronic Skin Market Forecast: Breakup by Component (USD Million), 2024-2032
6.    Global Electronic Skin Historical Market: Breakup by Sensors (USD Million), 2018-2023
7.    Global Electronic Skin Market Forecast: Breakup by Sensors (USD Million), 2024-2032
8.    Global Electronic Skin Historical Market: Breakup by Application (USD Million), 2018-2023
9.    Global Electronic Skin Market Forecast: Breakup by Application (USD Million), 2024-2032
10.    Global Electronic Skin Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Electronic Skin Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Electronic Skin Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Electronic Skin Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Electronic Skin Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Electronic Skin Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Electronic Skin Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Electronic Skin Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Electronic Skin Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Electronic Skin Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Electronic Skin Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Electronic Skin Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Global Electronic Skin Market Structure

Key Questions Answered in the Report

What was the electronic skin market value in 2023?

The market for electronic skin reached a value of approximately USD 9.17 billion in 2023.

What is the growth rate of the electronic skin market?

The market is expected to grow at a CAGR of 19.50% between 2024 and 2032.

What is the forecast outlook of the electronic skin market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 45.69 billion by 2032.

What are the major market drivers?

The major market drivers include high accuracy of electronic skin in health monitoring, growing applications of electronic skin, and increasing proliferation of Internet of Things devices.

What are the key trends of the market?

The key trends fuelling the growth of the market include development of materials with advanced stretchability and flexibility, and increasing integration of electronic skin with sensors.

What are the various components of electronic skin?

The various components of electronic skin are stretchable circuits, photovoltaic systems, stretchable conductors, and electroactive polymers.

What are the significant applications of electronic skin in the market?

The significant applications of electronic skin in the market include health monitoring systems, and drug delivery systems, among others.

Who are the key market players, according to the electronic skin market report?

The key players in the electronic skin market, according to the report, are Xsensio, Xenoma Inc., VivaLNK, Inc., Holst Centre, Quad Industries, GENTAG, Inc., and iRhythm Technologies, Inc., among others.

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